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30YY Over 2%

US TSY FLOWS
Tsys yields continue to climb (10YY 1.6634%; 30YY 2.0108%), futures extending overnight lows ahead the NY open. Robust volumes tied to ongoing Dec/Mar quarterly roll (Nov 30 first notice), TYZ1 >660k.
  • Overnight trade, central banks remain active in short end, better sellers with some sporadic buying, fast- and real$ selling 10s, extension selling in intermediates. Two-way option-tied hedging ahead Dec expiry on Friday.

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